The global cloud computing market was valued at USD 752.44 billion in 2024 and is projected to reach USD 2,390.18 billion by 2030, expanding at a compound annual growth rate (CAGR) of 20.4% from 2025 to 2030. This substantial growth is being driven by the rapid expansion of big data, artificial intelligence (AI), and machine learning (ML) technologies, which are placing increasing demands on...

The global cloud computing market was valued at USD 602.31 billion in 2023, with an anticipated growth at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2030. This rapid expansion is driven by multiple factors, including the increasing recognition among large enterprises of the transformative capabilities of cloud computing. Migration to cloud platforms allows these enterprises to...